The government passed the mini-budget over a week ago, raising FED (Federal Excise Duty) on locally assembled and imported vehicles. And now, one after the other, manufacturers are raising car costs. After Suzuki, Toyota, Honda, KIA, DFSK, and Changan, Hyundai has also revealed their new car prices.
Hyundai Elantra Prices
The FED on the Hyundai Elantra has been hiked from 2.5 to 5% under the mini-budget. The manufacturer has increased the price of the car by 4 lacs as a result of the FED effect. Elantra GLS will now be priced at Rs. 4,399,000, up from Rs. 3,999,000.
Hyundai Sonata Prices
The pricing of the Hyundai sedan, the Hyundai Sonata, has also been raised.
• The FED on the Sonata 2.0L model is now 5%, resulting in a revised pricing of Rs. 6,859,000. There is a Rs. 360,000 rises in price as compared to the previous pricing of Rs. 6,499,000.
• The FED on the Sonata 2.5L model is now 10%, bringing the new price to Rs. 7,749,000. There is a Rs. 450,000 increases over the previous price of Rs. 7,499,000.
Hyundai Tucson Prices
Hyundai Tucson, now has a 5% FED for both models, which has driven up prices.
• The price of the Tucson FWD GLS Sport has increased by Rs. 370,000, to Rs. 5,549,000. The former pricing for the base model was Rs. 5,179,000.
• The price of the Tucson AWD Ultimate has increased by Rs. 330,000, to Rs. 5,999,000. The previous price for the top variant was Rs. 5,669,000.
Hyundai Porter Prices
The price of the Hyundai Porter, widely known as the Hyundai H-100, has increased by Rs. 150,000. Porter Deckless’ base model now costs Rs. 2,759,000. The Porter Full Deck, a mid-level variation, costs Rs. 2,779,000. The new pricing for the premium variant Porter High Deck is Rs. 2,799,000.
The price increase by Hyundai Nishat Motor is the biggest of all the price hikes so far. The new Hyundai car prices are now in effect, beginning January 24, 2022.